Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/330977 
Year of Publication: 
2021
Citation: 
[Journal:] Research in Globalization [ISSN:] 2590-051X [Volume:] 3 [Article No.:] 100048 [Year:] 2021 [Pages:] 1-8
Publisher: 
Elsevier, Amsterdam
Abstract: 
Small states, classified as countries with population barely exceeding 1.5m, encounter special development challenges. Although they share common characteristics of small population and size of land area, they also differ along other characteristics such as geography, remoteness, and dispersion. These have combined to depict them as different from large states and hence could differ from large states regarding responses to macroeconomic indicators such as foreign direct investment. Thus, this paper investigated the stages of Small states within the investment development path (IDP) framework. As a collective, developing Small states depart from the theory of the IDP. As individual Small states, some of the countries also showed stages that are inconsistent with the theory and empirical evidence. Small states need to be studied as a collective and as individual countries.
Subjects: 
Foreign direct investment
Gross domestic product
Investment development path
Malta
Small states
Persistent Identifier of the first edition: 
Creative Commons License: 
cc-by-nc-nd Logo
Document Type: 
Article

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